Budgie
Member
Registered: 2nd Dec 09
Location: Basingstoke
User status: Offline
|
its quite alright im currently sorting out an investment in a small drinks firm who think they have stimulant in a can.
i think there is a market for that, better sort it out quick before someone else beats us to it.
|
GF-91
Banned
Registered: 8th Jul 09
Location: Burnley!
User status: Offline
|
quote:
Originally posted by Budgie
its quite alright im currently sorting out an investment in a small drinks firm who think they have stimulant in a can.
i think there is a market for that, better sort it out quick before someone else beats us to it.
red bull?
Monster?
Tesco own brand energy drink?
Lucozade?
Is that a joke 
|
Budgie
Member
Registered: 2nd Dec 09
Location: Basingstoke
User status: Offline
|
quote:
Originally posted by GF-91
quote:
Originally posted by Budgie
its quite alright im currently sorting out an investment in a small drinks firm who think they have stimulant in a can.
i think there is a market for that, better sort it out quick before someone else beats us to it.
red bull?
Monster?
Tesco own brand energy drink?
Lucozade?
Is that a joke
FUCK!!! missed out again 
|
GF-91
Banned
Registered: 8th Jul 09
Location: Burnley!
User status: Offline
|
|
Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
|
quote:
Originally posted by Cosmo
quote:
Originally posted by Paul_J
Cosmo. Take the lastminute.com as an example of what I was talking about.
They're doing it, but not all their competitors are. This is what I mean, not every competitor will jump on any idea, just because it's an option that could be done ... if it's outside their typical business model (e.g. fly.com) they won't waste resources / confusing the site - to implement something which is quite niche.
Either way, it's irrelevant if lastminute.com offer that service, I won't bother... still cool though, as I want to use a service like this  and now I've found one 
They will if its a successful idea though as its hardly a massive jump from what they are currently offering (i.e. expedia, teletextholidays, lastminute, etc) - and although that would mean short term success for you the market just has too many big players who would blow you out the water.
Yeah but define a 'successful' idea. If I made £100 - I would be in profit. I wasn't talking about quitting my day job.
I could probably have a site like that, up, online and running within a week tops. Cost to me just the hosting (which i already have). So as I say, if it made a very small trickle of money, it's better than nothing - i wouldn't mind at all.
If it got moderately successful - i.e. making £200-£500 a day. I would be very happy, but the big competitors would see that as not even being pocket change.
I would need to be making £1000-£10000 a day for bigger competitors to even consider taking the idea on themselves. When that would've happened, I would of made a fairly good chunk of money and would happily close the site down and continue with my day job (which I would still be in).
- note this is irrelevant as I won't be doing it now.
|
Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
|
You'd nowhere near be in profit if it made £100 - not even with you doing all the work.
To attract the airlines to advertise on it would cost you more than that on its own, let alone promotion which would be a massive cost to even make it worth your while doing.
|
Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
|
And if you were making £200-500 a day of course they would be interested as they could see an instant way to multiply that by 10 or more by using existing marketing streams.
|
Budgie
Member
Registered: 2nd Dec 09
Location: Basingstoke
User status: Offline
|
its ok. another group of people have approached me with the idea of digital music.
basically is music you can carry about on a device with out the need for cds.
i think it could work this one.
i hate carrying my cd wallet everywhere i go.
|
Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
|
quote:
Originally posted by Cosmo
You'd nowhere near be in profit if it made £100 - not even with you doing all the work.
To attract the airlines to advertise on it would cost you more than that on its own, let alone promotion which would be a massive cost to even make it worth your while doing.
Sorry, but you clearly mis understand how I was going to do this and the technicalities behind the scene.
I would not be speaking to any airlines.
|
Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
|
How would you get the details of the flights?
|
Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
|
quote:
Originally posted by Cosmo
How would you get the details of the flights?
API's.
|
Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
|
http://en.wikipedia.org/wiki/Application_programming_interface
|
Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
|
Can you legally list and sell the flights without the agreements from the airlines?
|
Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
|
quote:
Originally posted by Cosmo
Can you legally list and sell the flights without the agreements from the airlines?
Whomever is providing me the API... would have the agreement. They would be making the sale. I would be taking a commission (which is what I said on the previous page).
The cost to me would be my time and hosting.
Therefore I would've had no need to spend a lot on promotion as I could afford to earn no money from it / let it grow organically - word of mouth.
Therefore, £100 would = profit.
|
Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
|
So the api is free to use?
Also, what would commission be on a typical flight? i.e. how many users would have to purchase through the site to make £100?
|
GF-91
Banned
Registered: 8th Jul 09
Location: Burnley!
User status: Offline
|
quote:
Originally posted by Budgie
its ok. another group of people have approached me with the idea of digital music.
basically is music you can carry about on a device with out the need for cds.
i think it could work this one.
i hate carrying my cd wallet everywhere i go.
FPMSL
|
Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
|
quote:
Originally posted by GF-91
quote:
Originally posted by Budgie
its ok. another group of people have approached me with the idea of digital music.
basically is music you can carry about on a device with out the need for cds.
i think it could work this one.
i hate carrying my cd wallet everywhere i go.
FPMSL
dont laugh, he means mini-disc.
|
GF-91
Banned
Registered: 8th Jul 09
Location: Burnley!
User status: Offline
|
|
Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
|
quote:
Originally posted by Cosmo
So the api is free to use?
Also, what would commission be on a typical flight? i.e. how many users would have to purchase through the site to make £100?
yes the api would be free, as the provider of the api would be making a lot of money from each sale. It's essentially affiliate marketting / sales.
For example... I could set up a shop selling loads of items, but use the amazon API. The shop would look like my shop and cool items for sale, but all the data would come from the API and the sale would be processed by amazon.
To be honest, after looking it a bit further commissions are a bit shitty. 1-3% on flights. The real money is in hotels 5-10% commission. Which I suppose you could expand the idea to.
Therefore though what I'm saying is, if 100 people used the site... average price £300... Revenue made £300-£900 depending on commission.
|
Budgie
Member
Registered: 2nd Dec 09
Location: Basingstoke
User status: Offline
|
quote:
Originally posted by Cosmo
quote:
Originally posted by GF-91
quote:
Originally posted by Budgie
its ok. another group of people have approached me with the idea of digital music.
basically is music you can carry about on a device with out the need for cds.
i think it could work this one.
i hate carrying my cd wallet everywhere i go.
FPMSL
dont laugh, he means mini-disc.
i actually did have a mini-disc player  nice orange jvc one
dunno where its at now tho 
edit: like this but more orangie
[Edited on 13-05-2010 by Budgie]
|
Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
|
And you think you could get 100 people to use the site daily (even half that) simply by word of mouth?
|
GF-91
Banned
Registered: 8th Jul 09
Location: Burnley!
User status: Offline
|
quote:
Originally posted by Cosmo
And you think you could get 100 people to use the site daily (even half that) simply by word of mouth?
So true
|
Budgie
Member
Registered: 2nd Dec 09
Location: Basingstoke
User status: Offline
|
ive got an idea for ya paul in all seriousness.
and i dont think there is anythin like it atm.
basically most students work in retail (lil known fact) and they dont earn that much so getting discount from where they work is helpful if they want to spend money is said shop.
but if there are students that works in sainsburys that can get discount on food
and another student can get discount from usc or any other clothing company they can get discount for each other.
basically the more student that sign up the more places you can get discount from.
thoughts?
lets start the bidding at £10
|
Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
|
Im fairly certain its probably against the terms of use of the discount and a sackable offence.
|
Budgie
Member
Registered: 2nd Dec 09
Location: Basingstoke
User status: Offline
|
thats why all people who use certain website have to agree not to tell anyone
edit: or we'll send a honey badger in their dorms when they're sleeping 
[Edited on 13-05-2010 by Budgie]
|
